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New Allowance Types V12.10P3

FastTrack360 Version 12 Online Help

New Allowance Types V12.10P3

Owned by Max Ciereszko
Last updated: yesterday at 23:11 by Fiona Sims
1 min read

Description

The following new options have been added to the Allowance Type field on the Rates and Rules > Maintenance > Pay Code > Edit Pay Code field for allowance pay codes that are assigned to the country of Australia:

  • Tools

  • Tasks

  • Qualifications/Certificates.

These new allowance types are highlighted in the example shown below.

Benefits

Under Single Touch Payroll (STP) Phase 2 reporting allowance payments for tools, tasks and qualifications/certificates must be itemised separately to other allowance types and therefore this enhancement allows you to configure allowance pay codes accordingly in preparation for STP Phase 2 reporting.

STP Phase 2 reporting capability will be added to FastTrack360 in a future release towards the end of 2022.

For more information about the new allowance types of Tools, Tasks and Qualifications/Certificates, refer to Single Touch Payroll Phase 2 employer reporting guidelines

Configuration

This enhancement enables you to pre-configure allowance pay codes in preparation for STP Phase 2 reporting. However, to avoid STP reporting errors it is important that allowance pay codes with a type of Tools, Tasks and Qualifications/Certificates are not used until STP Phase 2 compatible reporting is available in FastTrack360, which will be available in a future release.

For more information about configuring allowance pay codes, see Configuring Allowance Pay Codes.

 

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